Mont Belvieu Ethylene (OPIS PCW) Futures - Contract Specs
| Contract Unit | 100,000 pounds |
|---|---|
| Price Quotation | U.S dollars and cents per pound |
| Trading Hours | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
| Minimum Price Fluctuation | 0.00001 per pound = $1.00 |
| Product Code | CME Globex: MBR CME ClearPort: MBN Clearing: MBN |
| Listed Contracts | Monthly contracts listed for the current year and the next 2 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year. |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the quotations from the OPIS PetromChem Wire Daily for Mont Belvieu Ethylene-Enterprise for each business day that it is determined during the contract month. |
| Termination of Trading | Trading terminates on the last business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
